ANKA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANKA
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+72.2%), from €2.0m to €3.4m
of which Land and buildings: +€1.4m
- Cash +€348,500
up €348,500 (+1243.3%), from €28,031 to €376,531
mainly Debts after one year (+€3.6m) and Tax, wage and social debts (+€55,953)
- Receivables within one year +€217,315
up €217,315 (+27.1%), from €803,028 to €1.0m
of which Trade receivables: +€150,632
- Stocks and contracts +€163,608
up €163,608 (+8.0%), from €2.1m to €2.2m
- Debts after one year +€3.6m
up €3.6m (+564.5%), from €643,004 to €4.3m
- Other debts -€1.4m
down €1.4m (-100.0%), from €1.4m to €0
- Trade debts -€212,873
down €212,873 (-53.5%), from €398,172 to €185,299
- Gross operating margin -€612,012
down €612,012 (-59.2%), from €1.0m to €421,382
- Staff costs -€34,305
down €34,305 (-9.3%), from €369,628 to €335,323
- Financial charges -€31,141
down €31,141 (-35.0%), from €88,922 to €57,781
- Other operating charges -€18,750
down €18,750 (-68.1%), from €27,513 to €8,763
- Depreciation +€16,072
up €16,072 (+65.5%), from €24,533 to €40,605
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,916,005 | €7,081,553 | +€2.2m | +44.1% |
| Fixed assets | 21/28 | €1,973,443 | €3,398,210 | +€1.4m | +72.2% |
| Tangible fixed assets | 22/27 | €1,973,443 | €3,398,210 | +€1.4m | +72.2% |
| Land and buildings | 22 | €1,910,114 | €3,347,199 | +€1.4m | +75.2% |
| Plant, machinery and equipment | 23 | €10,291 | €7,003 | -€3,288 | -31.9% |
| Furniture and vehicles | 24 | €53,038 | €44,007 | -€9,031 | -17.0% |
| Current assets | 29/58 | €2,942,562 | €3,683,344 | +€740,782 | +25.2% |
| Stocks and contracts in progress | 3 | €2,051,543 | €2,215,151 | +€163,608 | +8.0% |
| Stocks | 30/36 | €2,051,543 | €2,215,151 | +€163,608 | +8.0% |
| Amounts receivable within one year | 40/41 | €803,028 | €1,020,343 | +€217,315 | +27.1% |
| Trade receivables | 40 | €724,657 | €875,289 | +€150,632 | +20.8% |
| Other amounts receivable | 41 | €78,372 | €145,055 | +€66,683 | +85.1% |
| Cash at bank and in hand | 54/58 | €28,031 | €376,531 | +€348,500 | +1243.3% |
| Deferred charges and accrued income | 490/1 | €59,960 | €71,318 | +€11,359 | +18.9% |
| Total equity and liabilities | 10/49 | €4,916,005 | €7,081,553 | +€2.2m | +44.1% |
| Equity | 10/15 | €1,664,515 | €1,677,224 | +€12,710 | +0.8% |
| Contributions | 10/11 | €492,425 | €492,425 | = | 0.0% |
| Capital | 10 | €492,425 | €492,425 | = | 0.0% |
| Issued capital | 100 | €492,425 | €492,425 | = | 0.0% |
| Reserves | 13 | €199,398 | €199,398 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €184,524 | €184,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | €972,692 | €985,402 | +€12,710 | +1.3% |
| Amounts payable | 17/49 | €3,251,490 | €5,404,329 | +€2.2m | +66.2% |
| Amounts payable after more than one year | 17 | €643,004 | €4,272,940 | +€3.6m | +564.5% |
| Financial debts | 170/4 | €643,004 | €4,272,940 | +€3.6m | +564.5% |
| Amounts payable within one year | 42/48 | €2,608,486 | €1,114,889 | -€1.5m | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €35,502 | €90,068 | +€54,566 | +153.7% |
| Financial debts | 43 | €712,213 | €732,640 | +€20,428 | +2.9% |
| Credit institutions | 430/8 | €712,213 | €732,640 | +€20,428 | +2.9% |
| Trade debts | 44 | €398,172 | €185,299 | -€212,873 | -53.5% |
| Suppliers | 440/4 | €398,172 | €185,299 | -€212,873 | -53.5% |
| Advances received on contracts in progress | 46 | €0 | €3,850 | +€3,850 | |
| Taxes, remuneration and social security | 45 | €47,078 | €103,031 | +€55,953 | +118.9% |
| Taxes | 450/3 | €5,453 | €49,344 | +€43,891 | +804.9% |
| Remuneration and social security | 454/9 | €41,625 | €53,687 | +€12,062 | +29.0% |
| Other amounts payable | 47/48 | €1,415,521 | €0 | -€1.4m | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €16,500 | +€16,500 | |
| Non-recurring operating income | 76A | €727,720 | €0 | -€727,720 | -100.0% |
| Remuneration, social security and pensions | 62 | €369,628 | €335,323 | -€34,305 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,533 | €40,605 | +€16,072 | +65.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €27,513 | €8,763 | -€18,750 | -68.1% |
| Gross operating margin | 9900 | €1,033,394 | €421,382 | -€612,012 | -59.2% |
| Operating profit (loss) | 9901 | €611,721 | €36,691 | -€575,030 | -94.0% |
| Financial income | 75/76B | €35,117 | €35,499 | +€381 | +1.1% |
| Recurring financial income | 75 | €35,117 | €35,499 | +€381 | +1.1% |
| Financial charges | 65/66B | €88,922 | €57,781 | -€31,141 | -35.0% |
| Recurring financial charges | 65 | €88,922 | €57,781 | -€31,141 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €557,916 | €14,408 | -€543,508 | -97.4% |
| Income taxes | 67/77 | €467 | €1,699 | +€1,232 | +263.8% |
| Profit (loss) for the period | 9904 | €557,449 | €12,710 | -€544,739 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €557,449 | €12,710 | -€544,739 | -97.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.